Auditors realize that XYZ is experiencing increasing levels of inventory while i

Question

Auditors realize that XYZ is experiencing increasing levels of inventory while its competitors' inventory levels remain stable. All of the following are likely explanations except:

Question 18 options:

The increase in inventory is a result of fraud

All of the above are possible explanations

The increase in inventory is a result of increased sales expectations

The increase in inventory is a result of poor management decisions

The increase in inventory is a result of fraud

All of the above are possible explanations

The increase in inventory is a result of increased sales expectations

The increase in inventory is a result of poor management decisions

Explanation / Answer

Auditors realize that XYZ is experiencing increasing levels of inventory while its competitors' inventory levels remain stable. All of the following are likely explanations except:

Answer = B) All of the above are possible explanations

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